Change in Residency. (a) Jxxxx Xxxxxxx hereby represents and warrants that he is a resident of the State of Colorado and that his primary domicile is in the State of Colorado. Jxxxx Xxxxxxx shall not change his State of residence and/or primary domicile to a State that is a community property jurisdiction unless (i) if he is married at the time, he first (A) provides Lxxxxx at least ten (10) Business Days prior written notice thereof, and (B) causes his spouse to execute and deliver to Lender a spousal consent with respect to this Guaranty (which spousal consent shall be in form and substance satisfactory to Lender) (a “Spousal Consent”), and (ii) if he is not married at the time and subsequently marries, or if he enters into a new marriage, at any time when he is a resident (and/or has a primary domicile) in a community property jurisdiction, he causes his spouse to execute and deliver to Lender a Spousal Consent within ten (10) days after the occurrence of any such marriage. Jxxxx Xxxxxxx’x failure to comply with any of the foregoing within five (5) Business Days of written notice from Lender, shall, at Lxxxxx’s option, constitute an “Event of Default” hereunder and under the Loan Agreement.
Change in Residency. The Owner agrees that, in the event he ceases to utilize the Property as his sole and exclusive place of residence when in Aspen, Colorado he will offer the same for sale pursuant to the provisions of this Agreement. The Owner shall be deemed to have ceased to utilize the Property as his sole and exclusive place of residence when in Aspen, Colorado, by failing to personally reside in the Property for more than six (6) months per year without such justification as is acceptable to the Board of Directors of the Smuggler Homeowners' Association. It is recognized that no Property may be leased for any period of time without the written permission of the Smuggler Homeowners' Association.
Change in Residency. The provisions of this Section 28 shall apply only with respect to any Guarantor that is a natural person. Guarantor hereby represents and warrants that each Guarantor is a resident of the State of North Dakota and that Guarantor’s primary domicile is in the State of North Dakota. Guarantor shall not change Guarantor’s State of residence and/or primary domicile to a State that is a community property jurisdiction under the laws of which the consent of such Guarantor’s spouse is required to bind community property, unless (i) Guarantor first (A) provides Lender at least ten (10) Business Days prior written notice thereof and (B) if Guarantor is married at the time, causes Guarantor’s spouse to execute and deliver to Lender a spousal consent with respect to this Guaranty, in form and substance reasonably satisfactory to Lender (a “Spousal Consent”) and (ii) if Guarantor is not married at the time and subsequently marries, or if Xxxxxxxxx enters into a new marriage, at any time when Guarantor is a resident (and/or has a primary domicile) in a community property jurisdiction, Guarantor causes his spouse to execute and deliver to Lender a Spousal Consent within ten (10) days after the occurrence of any such marriage. Guarantor’s failure to comply with any of the foregoing shall, at Lender’s option, constitute an “Event of Default” hereunder and under the Loan Agreement.
Change in Residency. To the extent that any Guarantor is a natural person, such Guarantor hereby represents and warrants that such Guarantor shall not change Guarantor's State of residence and/or primary domicile to a State that is a community property jurisdiction unless
Change in Residency. Guarantor hereby represents and warrants that each Guarantor is a resident of the State of Florida and that Guarantor’s primary domicile is in the State of Florida. Guarantor shall not change Guarantor’s State of residence and/or primary domicile to a State that is a community property jurisdiction unless (i) Guarantor first (A) provides Lender at least ten (10) Business Days prior written notice thereof and (B) if Guarantor is married at the time, causes Guarantor’s spouse to execute and deliver to Lender a spousal consent with respect to this Guaranty (which spousal consent shall be in form and substance satisfactory to Lender) (a “Spousal Consent”) and (ii) if Guarantor is not married at the time and subsequently marries, or if Guarantor enters into a new marriage, at any time when Guarantor is a resident (and/or has a primary domicile) in a community property jurisdiction, Guarantor causes his spouse to execute and deliver to Lender a Spousal Consent within ten (10) days after the occurrence of any such marriage. Guarantor’s failure to comply with any of the foregoing shall, at Lender’s option, constitute an “Event of Default” hereunder and under the Loan Agreement.
Change in Residency. Individual Guarantor hereby represents and warrants that he is a resident of the State of California and that his primary domicile is in the State of California.
